Get Financially Organized
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Questions and Answers

Which of the following is a recommended step in making a budget?

  • Guessing your expenses
  • Estimating your income (correct)
  • Ignoring your debt
  • Spending money impulsively

    • What is the purpose of tracking your expenses when making a budget?

  • To spend more money
  • To make random purchases
  • To see where your money is going (correct)
  • To ignore your debt

    • What is the benefit of using budgeting tools or apps?

  • They are not user-friendly
  • They are expensive
  • They require a lot of time to set up
  • They can help you save money (correct)

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